XML 66 R54.htm IDEA: XBRL DOCUMENT v3.26.1
Segment Reporting (Details)
$ in Millions
3 Months Ended
Mar. 31, 2026
USD ($)
reportable_business_segments
Mar. 31, 2025
USD ($)
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Total operating revenues and other income $ 1,479 $ 845
Oil, gas, and NGL production expense 428 225
Depletion, depreciation, and amortization 432 270
Exploration 26 12
General and administrative 174 39
Net derivative loss (697) (17)
Other operating expense (20) (5)
Interest Expense 113 44
Other non-operating income, net 1 0
Income tax expense (benefit) (75) 50
Net income (loss) $ (335) 182
Segment Reporting, Disclosure of Other Information about Entity's Reportable Segments [Abstract]    
Number of Reportable Segments | reportable_business_segments 1  
Segment Reporting, CODM, Individual Title and Position or Group Name [Extensible Enumeration] Chief Executive Officer [Member]  
Segment Reporting, CODM, Profit (Loss) Measure, How Used, Description The CODM uses net income (loss) as presented in the accompanying statements of operations to measure E&P Segment profit or loss, and to evaluate income generated from E&P Segment assets in deciding whether to reinvest profits into operational activities or to use profits for other purposes, such as debt reduction, acquisitions, or the Company’s Stock Repurchase Program. Additionally, net income (loss) is used in assessing budget versus actual results and in benchmarking to the Company’s competitors  
E&P Segment    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Total operating revenues and other income $ 1,479 845
Depletion, depreciation, and amortization 432 270
Exploration 26 12
General and administrative 174 39
Net derivative loss 697 17
Other operating expense 20 5
Interest Expense 113 44
Interest income (4) 0
Other non-operating income, net 3 0
Income tax expense (benefit) (75) 50
Net income (loss) (335) 182
E&P Segment | Lease operating expense    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Oil, gas, and NGL production expense 209 109
E&P Segment | Transportation costs    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Oil, gas, and NGL production expense 122 70
E&P Segment | Production taxes    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Oil, gas, and NGL production expense 81 37
E&P Segment | Ad Valorem Tax Expense    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Oil, gas, and NGL production expense $ 16 $ 10